Verizon Realigns Enterprise and Wholesale Businesses Under Common Group
Verizon (NYS: VZ) CEO Lowell McAdam is wasting no time making his own stamp on the service provider's global enterprise business unit by realigning its business, government and wholesale operations under one common organization.
Led by John Stratton, who served under McAdam as the EVP and COO of Verizon Wireless, Verizon Enterprise Solutions will oversee all of Verizon's products and solutions for both traditional businesses and government customers.
The new group will oversee all of the telco's wireline and wireless solutions for both businesses and government customers, including enterprise mobility, cloud and IT, strategic networking and advanced communications offerings, as well as specialized solutions for key industries such as health care, travel & transportation, retail, utilities and financial services and IT consulting services. In addition, the group will have oversight over the wholesale services.
"Enterprise and government customers are looking for complete solutions. By aligning our efforts, we will be uniquely positioned to meet business customer needs," said McAdam in a statement.
During his tenure as COO of Verizon Wireless, Stratton oversaw the service provider's nationwide operations and delivery of services to consumer, business and government customers.
Joining Stratton under the newly formed group will be four well known executives spanning the business, wireless, wholesale, IT and cloud business, including: Bob Toohey as chief operating officer; Mike Millegan, global president -- Wholesale; Ajay Waghray, current CIO of Verizon Wireless; and Kerry Bailey, currently group president of Verizon's Terremark IT solutions arm, will serve as the chief marketing officer.
McAdam's move to consolidate the business and wholesale operations under one common unit is designed to give its business and government customer's total common spot to access new wireline and wireless services. While it will take time to properly market this new unit to its customers, the idea of having a common group to deliver services will likely appeal to existing and new accounts that want the service provider to better understand their unique needs.
This article originally published here. Get your telecom industry briefing here.
Related articles:
Verizon's Q3 wireline story driven by consumer, business gains
Verizon appoints Lowell McAdam as CEO, with Seidenberg keeping the chairman post
At the time thisarticle was published Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2011 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
